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Broadband

Altitude Infrastructure raises EUR 191 mln to finance 'Yconik' rural fibre network

Friday 13 March 2020 | 10:37 CET | News
French operator Altitude Infrastructure has announced a loan agreement with a group of banks to fund its planned fibre deployment in the Yonne department. Under the 'Yconik' project, the operator will bring FTTP connectivity to 120,000 premises in under-served areas over the next three years. To this end, it has successfully raised EUR 190.6 million from Societe Generale, Natixis, Caisse d'Epargne Bourgogne Franche-Comte, Norddeutsche Landesbank (Nord/LB), Banco Sabadell and La Banque Postale.

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Categories: Fixed
Companies: Altitude Infrastructure
Countries: France
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